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Rosalía Benítez is from Carapeguá city, is 47 years old, and has been married to Mario Santacruz for 20 years. They have two daughters in the university. They live in their own home which they have built with much sacrifice.

When she was younger she traveled to Argentina to work as a domestic employee in order to help her family, and there she met her husband. They returned to Paraguay and with some savings they began to work together. First they sold artesan goods on the street, but as they had friends that lived in Argentina they decided to try selling Argentinian watches and the result was rather positive; so their friends that live in Argentina send them large quantities of merchandise so they can sell them here in Paraguay.

Today they are asking for a loan in order to purchase a large quantity of watches, as selling them generates very good earnings and the wholesale purchase of these products generates greater earnings.

Translated from Spanish by Cindy Kendall, Kiva volunteer.

Rosalía Benítez es de la ciudad de Carapeguá tiene 47 años de edad esta casada con el Señor Mario Santacruz hace 20 años. Tienen dos hijas las dos en etapa universitaria, viven en casa propia que lo han construido con mucho sacrificio.

De joven viajó a la Argentina para trabajar como empleada doméstica para así poder ayudar a su familia, allí conoció a quien actualmente es su esposo. Volvieron a Paraguay y con unos ahorros que juntaron empezaron a trabajar juntos. Primeramente con la venta ambulante de artesanías, pero como tenían familiares que vivían en la Argentina decidieron probar vender relojes fabricados en Argentina y el resultando fue bastante positivo; es así que sus familiares que viven en Argentina les envían las mercaderías en grandes cantidades para que ellos los comercialicen aquí.

Hoy día ellos solicitan el crédito para poder adquirir mayor cantidad de relojes, pues la venta genera muy buenas ganancias y la compra al por mayor de estos productos les genera mayor ganancia.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

About Paraguay

  • $8,400
    Average annual income
  • 96
    View loans »
    Paraguay Loans Fundraising
  • $32,362,850
    Funds lent in using Kiva
  • 4,670.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Rosalía purchase watches at wholesale prices.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 7, 2008
Dec 23, 2007
Currency Exchange Loss:
Feb 15, 2009